Yes - changes are coming. And they have come. I think the pace of change wil acellerate. But I don't believe this means some doomsday scenario.
Manufacturing jobs are (and have been) moved overseas. But this has also resulted in cheaper prices for us.
Things will be different. In jobs which can be easily outsourced wages in the U. S. will be under pressure. Our challenge as a society is to adapt. It is very difficult to try to be like you were 10,20, 30 years ago. It is painful. People are and will be hurt.
I think this has actually been going on for several decades. The world has changed. The U. S. economy can't isolate itself very easily.
I believe we can adapt. We may not be the most dominant in the sorld in the future. But again, I don't see doomsday.
mf6